Tesco PLC (LON:TSCO)
London flag London · Delayed Price · Currency is GBP · Price in GBX
480.30
+5.10 (1.07%)
Jul 24, 2026, 4:36 PM GMT

Tesco Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Tesco stock has a consensus rating of "Buy" and an average price target of 514p. The average 1-year stock price forecast is 6.95% higher than the current stock price, while the lowest is 460p (-4.23%) and the highest is 550p (+14.51%).

Price Target: 514p (+6.95%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price460p514p515p550p
Change-4.23%+6.95%+7.22%+14.51%

Analyst Ratings

The average analyst rating for Tesco stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy666666
Buy333455
Hold455544
Sell100000
Strong Sell000000
Total141414151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Buy
Maintains
520p
BuyMaintains520p+8.27%Jul 10, 2026
Morgan Stanley
Morgan Stanley
Buy
Maintains
560p550p
BuyMaintains560p550p+14.51%Jul 6, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
500p525p
BuyReiterates500p525p+9.31%Jun 23, 2026
RBC Capital
RBC Capital
Hold
Maintains
500p
HoldMaintains500p+4.10%Jun 23, 2026
Barclays
Barclays
Buy
Reiterates
515p
BuyReiterates515p+7.22%Jun 19, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
75.00B
from 73.71B
Increased by 1.75%
Revenue Next Year
77.07B
from 75.00B
Increased by 2.76%
EPS This Year
0.31
from 0.29
Increased by 6.59%
EPS Next Year
0.34
from 0.31
Increased by 8.55%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingFeb 26, 2022Feb 25, 2023Feb 24, 2024Feb 22, 2025Feb 28, 2026Feb 28, 2027
Revenue
61.34B65.32B68.19B69.92B73.71B75.00B
Revenue Growth
5.97%6.49%4.39%2.54%5.43%1.75%
Gross Profit
4.24B4.25B4.85B5.36B5.62B5.51B
Gross Margin
6.90%6.51%7.12%7.67%7.63%7.34%
Operating Income
2.87B2.60B2.82B3.01B3.09B3.25B
Net Income
1.48B737.00M1.19B1.63B1.79B1.95B
EPS
----0.290.31
EPS Growth
----5.92%6.59%
Forward PE
13.3211.7611.0813.1515.8015.54
Dividend / Share
0.110.110.120.140.150.16
Dividend Growth
--11.01%13.22%5.84%8.25%
Free Cash Flow
2.32B1.60B883.50M2.46B2.25B1.89B
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue202720282029
High75.8B
Avg75.0B
Low74.3B

Revenue Growth

Revenue Growth202720282029
High
2.8%
Avg
1.7%
Low
0.7%

EPS Forecast

EPS202720282029
High0.32
Avg0.31
Low0.30

EPS Growth

EPS Growth202720282029
High
11.4%
Avg
6.6%
Low
3.1%